#SFD is a key part of the growth and development journey for developing countries around the world. Congratulations on celebrating 50 years since its establishment, marking a historic developmental journey that contributes to achieving sustainable international development. #SFD50 #50_YEARS_OF_GLOBAL_IMPACT
Arab Coordination Group (ACG)
Non-profit Organizations
The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance.
About us
The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance. Through knowledge-sharing, combined expertise, and effective assistance, the Group assists developing countries in reaching their economic and social development objectives. Since its establishment in 1975, the ACG has been instrumental in developing economies and communities for a better future, providing more than 5,000 development loans in the public sector to over 130 countries around the globe. Through effective coordination and collaboration, the Group provides a wide range of targeted solutions and optimized deployment of resources to meet the development needs of nations. As the second-largest donor group in the world, the ACG is committed to delivering innovative development finance solutions that assist developing countries around the globe. The ACG comprises four bilateral and six multilateral Arab development financial institutions: Abu Dhabi Fund for Development, Arab Bank for Economic Development in Africa, Arab Fund for Economic and Social Development, Arab Gulf Program for Development, Arab Monetary Fund, Islamic Development Bank, Kuwait Fund for Arab Economic Development, OPEC Fund for International Development, Qatar Development Fund, and Saudi Fund for Development.
- Industry
- Non-profit Organizations
- Company size
- 11-50 employees
- Type
- Nonprofit
- Founded
- 1975
- Specialties
- development finance, development loans, development financial institutions, development finance solutions, and development solutions
Updates
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يشكل #الصندوق_السعودي_للتنمية جزءًا أساسيًا من رحلة النمو والتطوير للدول النامية، ونهنئ الصندوق على الاحتفال بمرور 50 عامًا منذ تأسيسه، لتجسّد تلك العقود مسيرة تنموية تاريخية تسهم في تحقيق التنمية المستدامة الدولية. SFD50 #50_عامًا_من_التأثير_العالمي
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On the sidelines of the Saudi-Arab-African Economic Conference, Islamic Development Bank (IsDB) President, H.E. Dr. Al Jasser, met with Africa50 Infrastructure Investment Platform CEO senior Advisor, African Development Bank Group President advisor, and former minister of finance and foreign affairs of Morocco, H.E. Salaheddine Mezouar, to solidify collaboration, emphasizing discussions aimed at driving infrastructure projects and spurring sustainable development across the African continent.
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